TEMPUR SEALY INTERNATIONAL I (TPX) Stock Technical Analysis
NYSE:TPX - New York Stock Exchange, Inc. - US88023U1016 - Common Stock - Currency: USD
Overall TPX gets a technical rating of 10 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, TPX is showing a nice and steady performance.
Both the short term and long term trends are positive. This is a very positive sign.
Looking at the yearly performance, TPX did better than 90% of all other stocks.
TPX is part of the Household Durables industry. There are 64 other stocks in this industry. TPX outperforms 93% of them.
TPX is currently making a new 52 week high. This is a strong signal. The S&P500 Index is trading in the upper part of its 52 week range, but not near new highs, so TPX is leading the market.
In the last month TPX has a been trading in the 59.27 - 69.55 range, which is quite wide. It is currently trading near the high of this range.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
TPX has an average volume of 2007470 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
TPX has an excellent technical rating, but the quality of the setup is only medium at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
50.41
69.47
When analyzing the support we can see 6 important areas.
- A support zone ranging from 63.72 to 64.44. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 58.86 to 59.51. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @56.21 from a trend line in the daily time frame.
- A support zone ranging from 54.69 to 55.01. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @53.51 from a horizontal line in the daily time frame.
- Support @50.92 from a trend line in the weekly time frame.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for TPX is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for TPX is up. |
| ChartMill Relative Strength | 90.62 | POSITIVE | TPX has a high relative strength, it outperformed 90.62% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of TPX is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of TPX is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of TPX is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 71.33 | OVERBOUGHT | The high RSI value suggests TPX may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.3 | POSITIVE | The MACD value suggests TPX has a positive trend. |
| Stochastics (14,3) | 89.87 | OVERBOUGHT | The high Stochastics value suggests TPX may be overbought. |
| Average True Range in percent/ATR (20) | 2.78 | MEDIUM VOLATILITY | The ATR as a percentage value for TPX suggests some volalility. |
| Average Directional Index/ADX (14) | 41.68 | POSITIVE | The high ADX value value for TPX suggests a strong trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
68.78
+0.34 (+0.5%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryHousehold Durables
Performance
% Chg0.5%
1 Week6.73%
2 Weeks8.93%
1 Month15.52%
3 Month27.04%
6 Month35.13%
12 Month35.66%
2 Year60.93%
3 Year108.36%
5 Year268.05%
10 Year378.39%
15 Year868.73%
Volatility
ATR(14)2.21
ATR(20)%2.78%
ATR Inc-19.45%
Range Today1.25
ADR(20)1.74
ADR(20)%2.53%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS90.62
Mansfield1.81
10 Day High69.55
10 Day Low63.85
20 Day High69.55
20 Day Low59.27
52 Week High69.55
52 Week Low45.04
CS1 End64.44
CR1 StartN/A
Volume & EV
DER(3)-0.4%
DER(5)2.29%
Volume2.99M
Volume Incr12.71%
Vol(5)2.89M
Vol(50)2.01M